Dear Colleagues-
The world's chronicler of exploration performance, Richard Schodde, has produced another "score card", done as part of the latest AMIRA 12th Biennial Exploration Managers Conference held last March. As normal, Schodde deals mainly with the "what" and not the "why" of the situation, leaving his audience to apply their assessment of what the figures actually means. I have attached one figure from his presentation which shows a summary of exploration techniques which resulted in making what Schodde terms the 'project' scale decision; this he considers the reason as to where claims are first staked. The next scale down is the prospect , which considers the techniques used to make the first drilling decision. While drill targeting is important, we need to consider the project selection phase as arguably critical, especially when overall discovery rates are declining as Schodde outlines. The most important factor in project generation is identified by Schodde as working around areas with know mineralization; clearly an easy and seemingly safe approach but one which is increasingly yielding few and few outcomes of importance. Schodde's PPT is available at: https://spaces.hightail.com/receive/RGd2en7bJU The AMIRA meeting is summarized on LinkedIn: Day 1-https://www.linkedin.com/pulse/amira-internationals-12th-biennial-explorat ion-managers-joe-cucuzza/ Day 2-https://www.linkedin.com/pulse/amira-internationals-12th-biennial-explorat ion-managers-adele-seymon/ Lots of technology is discussed. But as the last 30 years has shown, a steady stream of new technology does not appear to make a measurable impact on discovery rates. There seems to be a message there; anyone listening? Ken 2019-Condor's 20th Anniversary Condor Consulting, Inc St 150 2201 Kipling St Lakewood CO 80215 USA T: 303-423-8475 Condor North Consulting St 1112 1030 West Georgia St Vancouver BC V6E 2Y3 T: 604-630-8334 E: [email protected] C: 303-520-5732 Skype-ken.witherly1 www.condorconsult.com
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